Gone are the days when travelers had to choose between a hotel or a hostel. Today, you can stay in a stranger’s apartment, loft, cabin or villa—through a home-sharing business. But what are the insurance implications of home-sharing? That’s the topic of this Insurance Chart of the Week.

Home-sharing: What are the insurance implications?

$54 millón was grossed by the top 100 Airbnb hosts between 2010 and 2013
Click the image above for a large version of the Insurance Chart of the Week (opens in a new window).

Thorny legal and regulatory issues remain to be resolved. If insurers want their interests served, they will have to take a leadership role in the sharing economy—to work with regulators and sharing economy businesses to redefine risk, and what it means in the sharing economy.

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